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Fed’s Powell says strong labor market depends on price stability

Powell said inflation estimates will come in at 2.3% in March

Bloomberg News

Federal Reserve Chair Jerome Powell again stressed the central bank must ensure tariffs don’t trigger a more persistent rise in inflation. “Our obligation is to keep longer-term inflation expectations well anchored and to make certain that a one-time increase in the price level does not become an ongoing inflation problem,” Powell said Wednesday in the […]

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